Elon Musk has discreetly purchased APR Energy, a $1 billion gas turbine company, to supply electricity for xAI's Grok data centers, leveraging over 1 GW of generation capacity.
The deal is worth over $1 billion
Jul 16, 2026
09:58 am
What's the storyElon Musk has acquired APR Energy, a Jacksonville-based company that operates mobile gas and diesel turbines with over 1GW of generation capacity.
The deal, worth more than $1 billion, was revealed through a Federal Trade Commission early termination notice.
Elon Musk's APR Energy acquisition, worth over $1 billion, gives him a 1 GW mobile turbine fleet to power xAI's Grok data centres.
Elon Musk quietly bought APR Energy, a 1 GW gas and diesel turbine fleet, to power xAI's Grok — years after building his brand on…
Elon Musk acquired APR Energy for $1 billion to power xAI's Grok supercomputers, with SpaceX IPO filings revealing $2.8B in…
Acquiring APR Energy gives Elon Musk a mobile fleet of turbines to meet data center power needs...
Deal could be worth up to $1bn
King of electric turns to gas to power Grok AI
Elon Musk quietly bought a $1B gas turbine company to fuel his AI ambitions
